5g
PORT OF SEATTLE MEMORANDUM COMMISSION AGENDA Item No. 5g ACTION ITEM Date of Meeting January 22, 2013 DATE: January 14, 2013 TO: Tay Yoshitani, Chief Executive Officer FROM: Ralph Graves, Managing Director, Capital Development SUBJECT: Motion Authorizing the Sale of Port Personal Property by the Chief Executive Officer in 2013 ACTION REQUESTED: Request Commission renewal for 2013, by motion, of the authority of the Chief Executive Officer to sell and convey Port District personal property of $17,000 or less in value in accordance with RCW 53.08.090(2) and Section 18 of Resolution No. 3605, as amended. SYNOPSIS: Pursuant to RCW 53.08.090(2), the Commission may, by resolution renewed from year to year, authorize the managing officer of a port district to sell and convey port district personal property of $10,000 or less in value. RCW 53.08.090(2) requires yearly adjustment of the $10,000 limit based on the governmental price index. Such adjustment results in a $17,000 limit for 2013. Section 18 of Resolution No. 3605, as amended, provides that the annual renewal of the Chief Executive Officer's authority may be accomplished by motion. It is now the appropriate time for the Commission to renew the Chief Executive Officer's authority for the year 2013.
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